Non-dom moves

Tuesday 6 December 2011 15:25 BST

There was mixed reaction to government changes to the tax and classification of "non-doms" in the Finance Bill today.

The Treasury's move to delay the introduction of a statutory residency test for non-doms by a year is a "considerable disappointment for individuals seeking clarity on their tax position", said Christopher Groves at Withers. But Alex Henderson at PwC said the announcement of unlimited tax relief on non-doms' investments in unquoted UK companies or commercial property would "lead to easier access to capital for businesses in the UK".